Investors Series B is open
Series B is open
to qualified investors.
$6M raise to fully fund the Phase II drill program and a downstream resource update. Subscription via accredited investor channels and Canadian flow-through.
Round terms · indicative
Round sizeCAD $6.0M
Pre-money$24.0M
Share price$0.85
Min. ticket$50,000
Flow-throughAvailable
ClosingJuly 31, 2026
Use of proceeds
Where the capital goes.
- $3.6MPhase II drilling — 14,500 m diamond drilling, 22 holes across Targets A, B, C
- $1.2MGeophysics infill + structural targeting between drill phases
- $0.8MNI 43-101 update + PEA preparation
- $0.4MWorking capital + reclamation bond top-up
Why now
The thesis is named, the targets are defined.
The 2025 IP-MT survey resolved the East Valley Pediment target beneath cover — a structural setting nobody had been able to image cleanly before. Phase II tests it. A successful intercept fundamentally repositions the property's value at the next financing.
Canadian flow-through subscriptions retain the resource-development tax benefit; non-flow-through subscriptions clear at the same $0.85.